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The way that an airline or hotel indulges in dynamic pricing is typically quite static. RateGain pours through millions of consumer behavior data points and analyzes them for past patterns. And it will then try to predict what customers will do next. Such as how much will you be really willing to pay for that Thursday morning flight or the room with a pool view.

Of late, everyone’s complaining about two things — that domestic airfares are through the roof and that hotel tariffs are sky high. And this got us thinking about dynamic pricing in the hospitality industry. You know, how these companies tweak their rates constantly in response to demand.

And there’s one company in particular that helps the industry do this — RateGain. So in today’s episode for 10th June 2023, we dive into the world of travel and pricing.